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obama won the election. remember you sat in the house of representatives for many years and republicans controlled that house. when democrats controlled that house, they flex their muscles. the republicans in the house have a constitutional obligation to make sure we get a fair compromise. speaker boehner wants that. that is what he is fighting for. >> i think the president does, too. and the republicans can't expect that after he was re-elected on the basis that the rich get to pay a little bit more that the president -- >> i didn't mean that. i didn't mean that. >> eric: okay. prediction, end it there. prediction we won't be going over the fiscal cliff. >> i think we will not go over the tis call cliff and it will be worked out by christmas eve. maybe if not before. >> eric: we can't something in our stockings for that. thank you so much. >> thank you. >> eric: jamie? >> jamie: fox news extreme weather alert. folks in california, well, you want to pay attention to this, because you know you have had storms. there are more coming. flood advisories in effect already for some residents.
a closer look at the second amendment issue after the break. >> shannon: in the last 90 days the obama administration proposed 5,798 new regulatio regulations. some fear there is another one on the way to impact your second amendment rights. after the election, a lot of sales of guns after there were fears restrictions could be imposed. gun right expert mr. schneider joins us today. thank you for your time. >> good to be here. >> shannon: i want to ask about something you wrote about. according to the confidential information that forces linked with the administration are suggesting that government might re-classify firearm and weapons changing their status under the national firearms take make it more difficult to get that. what can you tell us about that? >> well, according to the confidential information i have, semi-automatic firearms or certain semi-awe mattic firearms thunder scenario would be declared as title ii national firearm act firearm. the false argument they use for this is to say that certain semi-automatic firearms can be easily made in to or changed in to fully automa
with this was something created by congress and signed into law by president obama. so this is not a tsunami that just came by accident, mother nature. this was created by our elected public officials. should it go off, it will be nothing short of a nuclear weapon, a fiscal nuclear weapon. we have not only the increasing of capital gains taxes and marginal tax rates but 26-28 million americans are going to be subject to the alternative minimum tax. that is potentially $3700 additional tax liability. we have the elimination of the 2% social security benefit and up to $55 billion on the social programs. $55 billion out of defense on and on. this will be nothing short of a nuclear catastrophe. >> heather: we keep hearing how this is going to affect the higher income people. according to the congressional budget office, all americans will be affected if the deal is not reached. not just in terms of revenue but job loss. >> the crb o, congressional budget office is estimate being would literally take out of 4% of g.d.p. so potentially 2 million jobs lost. you are talking about $400 billion in increase. all
Search Results 0 to 2 of about 3